![]() The IRS asks for one thing on your income – your total money coming in. Remember that this program is designed around a Schedule C. The other thing you may end up doing is adding some expense and income categories. If you have an account for your business, this can save a ton of time when it comes to keeping your records. That said, I don't think it's a great idea having everything deposited into your personal checking account. For gig economy workers who have everything deposited into their personal checking account, I don't really recommend doing this because then you have to wade through all your personal transactions. This capability allows them to shine over just about anyone when it comes to selling things on eBay, Etsy and Amazon. You do have the ability to link to your bank account. It's designed to track your expenses and organize them in a way that you can easily pull up the information to fill out your Schedule C come tax time. There's really not any lengthy interview process or customizing. One thing that a lot of independent contractors for Doordash, Grubhub, Uber Eats, Lyft and others will like is that it's easy to use and easy to get set up. Looking at the features of GoDaddy Bookkeeping Getting Started This is important obviously for those of us who use our cars a lot. It is designed for organizing the income and expenses easily and in a format that works well for the reporting of taxes for sole proprietors or self employed individuals who use Schedule C for their taxes. It is not a full blown accounting package. It was originally designed to help contractors estimate what they would owe in quarterly taxes and evolved into a book keeping solution. GoDaddy bookkeeping is meant for the self employed individual to easily track income and expenses. In 2012 Godaddy purchased the program, and eventually rebranded it as GoDaddy Bookkeeping. It was (and continues to be) one of the best platforms for connecting to and automating the bookkeeping processes for online sales.īecause of that I think it's better known among the reseller community. ![]() At the time I was buying and selling bikes and bike components. I first used the program when it was known as Outright. Is Godaddy Bookkeeping a good alternative to Quickbooks Self Employed for independent contractors for gig economy apps like Doordash, Uber Eats, Lyft, Grubhub, Instacart and others? Who ever heard of Godaddy Bookkeeping? It's designed to be easy to get started, easy to use, and to provide the information you need when filing your taxes.Īnd it's competitively priced. It also fits most rideshare drivers with Uber and Lyft. That description would fit most of us who deliver with Grubhub, Uber Eats, Doordash, Postmates and others. GoDaddy bookkeeping is an easy to use bookkeeping program designed for self employed individuals who file their business taxes using a Schedule C. (Affiliate link: I may receive payment when products are purchased through links in this article) An overview of GoDaddy Bookkeeping GoDaddy Online Bookkeeping! Starting at just $4.99*/mo! You may want to go to full screen to see the details. The above video is an overview of GoDaddy Bookkeeping.
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